Book Review of Capital Controls, Exchange Rates, and Monetary Policy in the World Economy, Sebastian Edwards (ed.) : Cambridge: Cambridge Univ. Press, 1995
Author: Rainer Schweickert
Publisher:
Published: 1999
Total Pages:
ISBN-13:
DOWNLOAD EBOOKPosts
Capital Controls, Exchange Rates, and Monetary Policy in the World Economy
Author: Sebastian Edwards
Publisher: Cambridge University Press
Published: 1997-06-13
Total Pages: 452
ISBN-13: 9780521597111
DOWNLOAD EBOOKThe essays collected in this volume discuss the impact of increased capital mobility on macroeconomic performance.
Capital Controls, Exchange Rate and Monetary Policy in the World Economic
Author:
Publisher:
Published:
Total Pages: 436
ISBN-13:
DOWNLOAD EBOOKCapital Controls In Emerging Economies
Author: Christine P Ries
Publisher: Routledge
Published: 2018-02-23
Total Pages: 176
ISBN-13: 0429970420
DOWNLOAD EBOOKThis book looks at situations where a dramatic transformation of the political environment made existing institutions obsolete. It explores the use of capital controls in the reforming economies of the formerly communist countries.
Capital Controls and Capital Flows in Emerging Economies
Author: Sebastian Edwards
Publisher: University of Chicago Press
Published: 2009-02-15
Total Pages: 699
ISBN-13: 0226184994
DOWNLOAD EBOOKSome scholars argue that the free movement of capital across borders enhances welfare; others claim it represents a clear peril, especially for emerging nations. In Capital Controls and Capital Flows in Emerging Economies, an esteemed group of contributors examines both the advantages and the pitfalls of restricting capital mobility in these emerging nations. In the aftermath of the East Asian currency crises of 1997, the authors consider mechanisms that eight countries have used to control capital inflows and evaluate their effectiveness in altering the maturity of the resulting external debt and reducing macroeconomic vulnerability. This volume is essential reading for all those interested in emerging nations and the costs and benefits of restricting international capital flows.
Capital Controls, Sudden Stops and Current Account Reversals
Author: Sebastian Edwards
Publisher:
Published: 2005
Total Pages: 72
ISBN-13:
DOWNLOAD EBOOKFinds that although there is no relationship between capital mobility and the likelihood of a country experiencing an economic recession, countries with high mobility will experience a greater decline in economic growth if a crisis does occur.
The Political Economy of Capital Controls
Author: Gunther G. Schulze
Publisher: Cambridge University Press
Published: 2000-05-04
Total Pages: 308
ISBN-13: 9780521582223
DOWNLOAD EBOOKA comprehensive study of capital controls, assesses the existing literature and presents original research.
Capital Controls
Author: Ms.Inci Ötker
Publisher: International Monetary Fund
Published: 2000-05-17
Total Pages: 135
ISBN-13: 1557758743
DOWNLOAD EBOOKThis paper examines country experiences with the use and liberalization of capital controls to develop a deeper understanding of the role of capital controls in coping with volatile capital flows, as well as the issues surrounding their liberalization. Detailed analyses of country cases aim to shed light on the motivations to limit capital flows; the role the controls may have played in coping with particular situations, including in financial crises and in limiting short-term inflows; the nature and design of the controls; and their effectivenes and potential costs. The paper also examines the link between prudential policies and capital controls and illstrates the ways in which better prudential practices and accelerated financial reforms could address the risks in cross-border capital transactions.
How Effective are Capital Controls?
Author: Sebastian Edwards
Publisher:
Published: 1999
Total Pages: 58
ISBN-13:
DOWNLOAD EBOOKIn the aftermath of the East Asian crisis a number of authors have argued that capital mobility is highly destabilizing, and that emerging countries would benefit from restricting capital flows. In this paper I investigate, from a historical perspective, the effectiveness of capital controls. I deal with Tobin taxes, controls on outflows and controls on inflows. I argue that controls on outflows have seldom worked as expected. They introduce major distortions and breed corruption. Market-based controls on inflows - similar to those implemented by Chile - have the potential for lengthening the maturity of foreign debt. They are not very effective, however, in achieving other objectives, including a higher degree of monetary policy independence.
Globalization and Its Discontents
Author: Joseph E. Stiglitz
Publisher: W. W. Norton & Company
Published: 2003-04-17
Total Pages: 305
ISBN-13: 0393071073
DOWNLOAD EBOOKThis powerful, unsettling book gives us a rare glimpse behind the closed doors of global financial institutions by the winner of the 2001 Nobel Prize in Economics. When it was first published, this national bestseller quickly became a touchstone in the globalization debate. Renowned economist and Nobel Prize winner Joseph E. Stiglitz had a ringside seat for most of the major economic events of the last decade, including stints as chairman of the Council of Economic Advisers and chief economist at the World Bank. Particularly concerned with the plight of the developing nations, he became increasingly disillusioned as he saw the International Monetary Fund and other major institutions put the interests of Wall Street and the financial community ahead of the poorer nations. Those seeking to understand why globalization has engendered the hostility of protesters in Seattle and Genoa will find the reasons here. While this book includes no simple formula on how to make globalization work, Stiglitz provides a reform agenda that will provoke debate for years to come. Rarely do we get such an insider's analysis of the major institutions of globalization as in this penetrating book. With a new foreword for this paperback edition.
